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EXPERIMENTS IN ECONOMICS
It is now widely accepted that economics, like many of the physical sciences, is an experimental discipline: like physics, chemistry and biology, the experimental method can be used to generate economic data under controlled conditions for use in theory testing, theory suggesting and policy recom- mendation.
Experiments in Economics is the first textbook in the subject and provides an elegant overview of the achievements and possibilities of the field for advanced undergraduate and graduate students and professional economists. Following an introductory discussion of the methodological issues, John D. Hey provides insightful accounts of particular experi- mental investigations covering individual and interactive behaviour and testing game and bargaining theory, decision making under uncertainty, auctions and markets.
The book will unquestionably be widely used and will do much to confirm experimental economics as a key weapon in the economist's armoury.
10000626 | 330 HEY e | RLC MM (Rak Buku Umum) | Available |
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